Stock of the day : Hindalco Industries Ltd For Target Rs. 695 - Religare Broking
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Hindalco Industries Ltd
* We are seeing recovery in metal space and HINDALCO is offering a fresh buying opportunity .
* It has rebounded higher taking support of its previous resistance zone while reclaiming its 20 week EMA.
* Following the price action and placement of momentum indicator, the price seems to resume its prior uptrend.
* Thus, traders can consider longs in the mentioned range
Buy Hindalco Industries Ltd CMP 658.85 Range 657-659 SL 640 Target 695
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SEBI Registration number is INZ000174330
